CALGARY, Sept. 20 /CNW/ - IDC (Imaging Dynamics Company Ltd) (TSX: IDL), today announced that it has been awarded by the prestigious Deloitte Technology Fast 50 as one of the top ten technology companies in Canada. The Fast 50 is an annual program which recognizes market presence, innovation and the fastest growing technology companies in Canada. Rankings are based on percentage of growth in fiscal year revenues over five years, from 2002 to 2006.
IDC was ranked number 1 in Alberta and number 10 in Canada in the 50 top Canadian technology awards.
Darryl Stein, President and CEO, IDC states "IDC is proud to be a Canadian technology company successfully competing in a global market. This Canadian award recognizes the growth and momentum that our technology delivers to the world's medical community."
"Deloitte created the Deloitte Technology Fast 50 program a decade ago to celebrate the world-class achievements of Canadian technology companies," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "Companies like IDC are a perfect example of the combination of revenue growth, technological innovation and entrepreneurial spirit that continues to be a winning formula in the technology sector."
Winners of the 15 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies.
About the Deloitte Technology Fast 50 - This year marks the 10th anniversary of the Deloitte Technology Fast 50 program, which celebrates business growth, innovation and entrepreneurship. The program features four distinct categories including the Deloitte Technology Fast 50 Ranking, Companies-to-Watch Awards (honouring early-stage Canadian technology companies in business less than five years,) Leadership Awards, Deloitte Technology Fast 50-ranked companies that demonstrate leadership in each of the four industry subcategories (emerging technologies, hardware, software, and telecommunications) and the Deloitte Technology Green 15 Awards (honouring companies creating innovative and economically viable intellectual property in the burgeoning field of green technology.) Deloitte Technology Fast 50 winners are automatically eligible for the prestigious Deloitte Technology Fast 500 ranking. Program sponsors include Deloitte, Gowlings, GrowthWorks, CIBC World Markets, Stonewood Group, Behr & Associates, and CATA Alliance.
For further information, visit www.fast50.ca or call 1-888-6FAST50.
About IDC
IDC (Imaging Dynamics Company) is a medical technology company and innovative force in the fast-growing field of digital radiography (DR) technology. IDC's X-Series of direct capture technology replaces conventional film-based X-rays and provides a cost-effective alternative to conventional cassette-based film or computed radiography (CR) systems. Each IDC DR solution provides high resolution radiographic images in the digital format required for today's electronic medical record networks, all without the use of film, environmentally harmful chemicals, cassettes or expensive imaging plates. IDC is based in Calgary, Alberta, Canada.
Statements in this release which describe IDC's intentions, expectations or predictions, or which relate to matters that are not historical facts are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties which may cause the actual results, performances or achievements of IDC to be materially different from any future results, performances or achievements expressed in or implied by such forward-looking statements. IDC may update or revise any forward-looking statements, whether as a result of new information, future events or changing market and business conditions. Known and unknown risks and uncertainties include: IDC's ability to manufacture its products with a sufficient level of quality and in volumes which satisfy market demand; the ability of IDC to establish direct and indirect sales channels; the ability of IDC to establish industry partnerships; IDC's ability to attract and retain key personnel; the strength and breadth of IDC's patents; and other factors relating to general economic conditions, specific industry conditions and IDC's particular situation.